The Cohesion Policy was discussed at the informal meeting of the EU competent Ministers. The meeting was held in Rouen, France, on Tuesday. Theodosis Tsiolas, General Director of Development at Cyprus` Ministry of Finance, represented Constantinos Petrides, Minister of Finance, according to an announcement issued by the Ministry of Finance.
The participants in the meeting exchanged views regarding the 8th Progress Report of the Cohesion Policy, which is published every three years. The aim of the report is to assess the course and the results achieved by the Cohesion Policy as well as to start discussion regarding challenges and needs that the European Cohesion Policy Funds are called upon to meet in the future.
The EU Commissioner focused on important evidence from the Progress Report as regards the financial impact of the Cohesion Policy on the EU regions,
Source: Cyprus News Agency